Despite suffering a $20 million decline in wagering revenue in the past year as part of a national trend, Peter V’Landys oft criticized micro-management of Racing NSW finances has steered the organization to record a bumper profit of $12.6 million for the 2023/24 financial year.
In an Age of Declining Wagering Revenue Racing NSW Records a Bumper $12.6 Million Profit, While Increasing Prizemoney by $36 at the Same Time – Peter V’Landys Take a Bow